Technological developments and rapid inventions in the field of medical sciences continue to provide the mankind with novel procedures, equipment, and practices. IVD is one of the latest technologies which are finding application in varied medical procedures globally. With its growing popularity and success rate, IVD has created a significant place in the worldwide medical diagnostics market. Focusing on the emerging economies of the world, especially Asian countries, like India, it has been noticed that areas like IVD are recording unabashed adoption in the medical fraternity, which is evident by its increasing market size.
The present report offers an in-depth analysis of the global as well as the Indian IVD market, with a detailed discussion of its major segments: molecular diagnostics, immunochemistry, and hematology, in particular. The study of market trends indicate at a strong growth of the IVD market in India during the past decade, and the same is projected to expand further in the near future.
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Currently, the Indian market accounts for a minimal share of the worldwide market yet it is anticipated to increase at a notable pace in the meantime, chiefly as a result of a number of factors, including the increasing adoption of IVD in the Indian medical establishments, growing awareness of its benefits among patients, ongoing entry of foreign players in the Indian market, and improving medical infrastructure in the country, among others.
The key market challenges recognized by the analysts include factors like less regulatory norms, no reimbursement of diagnostics tests, no specified quality of the reagents which are used etc. Some of the key trends of the Indian in vitro diagnostics market (IVD) are technological innovations, market consolidation-opening new avenues and cut down turnaround time and ensuring quality results.
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Table of Contents
1. Executive Summary
2. Understanding In vitro Diagnostics (IVD) Market
3. Global In Vitro Diagnostics (IVD) Market Analysis
3.1. Market Size
3.2. Market Share
4. Indian In Vitro Diagnostics Market
4.1. Market Size
4.1.1. Segment Analysis
4.2. Market Share
4.3. Competitors Analysis
5. Indian In Vitro Diagnostics Market-PEST Analysis
6. Indian In Vitro Diagnostics Market: Drivers & Challenges
7. Indian In Vitro Diagnostics Market Trends
7.1 Technological Innovations
7.2. Market Consolidation - Opening New Avenues
7.3. Cut down of TAT and Ensuring Quality Results - A Major Current Trend
8. Competitors Analysis
8.1. Porter's Five Forces Analysis
8.2. Company Profiles
8.2.1. Roche Holding AG
8.2.2. Abbott Laboratories
8.2.3. Bayer Healthcare
8.2.5. Gen-Probe Inc.
10. About Us
List of Figures
Figure 1: IVD Market - Segments by Technology
Figure 2: Global IVD Market Size, By Value, 2007-11 (US$ Billion)
Figure 3: Global IVD Market Size Forecast, By Value, 2012-17 (US$ Billion)
Figure 4: Global IVD Market Share, By Technology, By Volume, 2011
Figure 5: Indian IVD Market Size, By Value, 2007-11 (US$ Million)
Figure 6: Indian IVD Market Size Forecast, By Value, 2012-17 (US$ Million)
Figure 7: Molecular Diagnostics - Traditional Process
Figure 8: Main Purposes of Molecular Diagnostics
Figure 9: Indian Molecular Diagnostic Market Size, By Value, 2007-11 (US$ Million)
Figure 10: Indian Molecular Diagnostic Market Size Forecast, By Value, 2012-17 (US$ Million)
Figure 11: Indian Immunochemistry Market Size, By Value, 2007-11 (US$ Million)
Figure 12: Indian Immunochemistry Market Size Forecast, By Value, 2012-17 (US$ Million)
Figure 13: Indian Hematology Market Size, By Value, 2007-11 (US$ Million)
Figure 14: Indian Hematology Market Size Forecast, By Value, 20012-17 (US$ Million)
Figure 15: Indian IVD Market Share, By Segment, By Value, 2011
Figure 16: Indian IVD Market Share, By Segment, By Value, 2017
Figure 17: Indian IVD Market, Competitors Revenues Analysis, 2011 (US$ Billion)
Figure 18: Indian IVD Market, Competitors Income Analysis Income, 2011 (US$ Million)
Figure 19: Gross Domestic Product of India, 2002-11 (US$ Billion)
Figure 20: Gross Domestic Product per Capita/Purchasing Power Parity of India, 2002-11 (US$)
Figure 21: Population of India, 1951-2011 (Million)
Figure 22: Middle Class Population and Households in India, 2010 and 2015
Figure 23: Urban Population Growth Rate in India, 2002-10
Figure 24: Porter's Five Forces Analysis